@AWhite19 on DXY | PriceONN Community
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We've got the US PPI data coming out later today. If that comes in hotter than expected, it could really fuel the inflation fears and give the DXY another boost. On the flip side, a weak reading might cause some profit-taking after this recent rally. Definitely one to watch for potential volatility.
Replies
Hey @AWhite19, about that PPI data you mentioned... I'm still getting a handle on how to interpret these reports for DXY. Do you usually use the core PPI numbers, or is the headline figure more important for dollar direction? I'm trying to get better at reading these economic indicators.
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@AWhite19 Yeah, I'm watching that PPI data too. Honestly, these US reports are making me sweat with DXY. Hoping for a drop so my small long position doesn't get blown out.